View - The Municipality of Lambton Shores
View - The Municipality of Lambton Shores
View - The Municipality of Lambton Shores
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THE CORPORATION OF THE MUNICIPALITY OF LAMBTON SHORES<br />
BY-LAW 01 <strong>of</strong> 2013<br />
Being a By-law to Provide for an Interim Tax Levy and to Provide for the Payment<br />
<strong>of</strong> Taxes and to Provide for Penalty and Interest Charges<br />
WHEREAS:<br />
AND WHEREAS:<br />
Section 317(1) <strong>of</strong> the Municipal Act, 2001, provides that a local<br />
municipality, before the adoption <strong>of</strong> the estimates for the year, may<br />
pass a by-law levying amounts on the assessment <strong>of</strong> property in<br />
the local municipality rateable for local municipal purposes.<br />
Section 317(3) <strong>of</strong> the Municipal Act, 2001, states that the amounts<br />
to be levied are subject to the following rules:<br />
1. <strong>The</strong> amount levied on a property shall not exceed the prescribed percentage, or<br />
50 per cent if no percentage is prescribed, <strong>of</strong> the total amount <strong>of</strong> taxes for<br />
municipal and school purposes levied on the property for the previous year.<br />
2. <strong>The</strong> percentage under paragraph 1 may be different for different property classes<br />
but shall be the same for all properties in a property class.<br />
3. For the purposes <strong>of</strong> calculating the total amount <strong>of</strong> taxes for the previous year<br />
under paragraph 1, if any taxes for municipal and school purposes were levied<br />
on a property for only part <strong>of</strong> the previous year because assessment was added<br />
to the tax roll during the year, an amount shall be added equal to the additional<br />
taxes that would have been levied on the property if the taxes for municipal and<br />
school purposes had been levied for the entire year.<br />
AND WHEREAS:<br />
THEREFORE:<br />
<strong>The</strong> <strong>Municipality</strong> deems it expedient to collect a portion <strong>of</strong> the local<br />
improvements and additional charges on the interim bill:<br />
THE COUNCIL OF THE CORPORATION OF THE MUNICPALITY<br />
OF LAMBTON SHORES ENACTS AS FOLLOWS:<br />
1. <strong>The</strong> said interim tax levy shall become due and payable in two (2) installments as<br />
follows:<br />
Fifty percent (50%) <strong>of</strong> the interim levy shall become due and payable on the 28 th<br />
day <strong>of</strong> February 2013 and the balance <strong>of</strong> the interim levy shall become due and<br />
payable on the 31 st day <strong>of</strong> May, 2013 and nonpayment <strong>of</strong> the amount on the<br />
dates stated in accordance with this section shall constitute default.<br />
2. On all taxes <strong>of</strong> the interim levy which are in default, a penalty <strong>of</strong> 1.25 percent<br />
shall be added and thereafter a penalty <strong>of</strong> 1.25 percent per month will be added<br />
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